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Showing posts with label Pullback. Show all posts
Showing posts with label Pullback. Show all posts

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Monday, February 7, 2011

Production Pullback: Industrial Production December 2010

Today, the Federal Reserve released their monthly read of industrial production showing a notable improvement with total industrial production climbing 0.84% from November and 5.91% above the level seen in December 2009.

This report appears to indicate there December brought another notable improvement bucking the recent weakening trend and likely indicating that the expansion will continue.

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